The Real Tax Guy.

Videos Live Sessions Work With The Real Tax Guy Log in

The Real Tax Guy.

Real tax strategies, plain English, no suits. Free videos and live sessions from TJ Thorlackson.

Explore

Videos
Live Sessions
Podcasts
My Account
Work with TJ →

Get the good stuff first

New videos, live sessions, and tax tips. No spam, no suits.

© 2026 The Real Tax Guy · Operated by THORLACKSSON, INC

Built by HummingAgent

Video library

All Shorts Podcasts Education Real Stories

TopicsCrypto Deductions Family Irs Llc & S Corp Payroll Personal Taxes Real Estate Retirement Side Hustle Small Business Tax Fundamentals Tax Strategy

What travel influencers get to write off

shorts

What travel influencers get to write off

Travel influencers can deduct trips as business expenses if they're actively working two to four hours daily.

31 views👍 0

If you overpay taxes and don't know it, you don't miss it

shorts

If you overpay taxes and don't know it, you don't miss it

Many people overpay taxes without realizing it, especially on deductions like food and per diem for truck drivers.

37 views👍 0

The 30 mile rule for meal deductions is a myth

shorts

The 30 mile rule for meal deductions is a myth

There's no IRS rule limiting meal deductions based on distance from your office or home.

37 views👍 0

Realtors are often missing deductions on mileage and meals

shorts

Realtors are often missing deductions on mileage and meals

A realtor's tax return showed only 100 miles and $10 in meals monthly, so we amended three years and got back $22,000.

48 views👍 0

Your tax preparer should catch obvious mistakes like this

shorts

Your tax preparer should catch obvious mistakes like this

A tow truck business showed only $325 in gas on $400k in sales, and the paid preparer never questioned it.

28 views👍 0

Business expenses don't have to be cheap to be deductible

shorts

Business expenses don't have to be cheap to be deductible

The IRS allows necessary and reasonable business expenses, so keep a complete list for your tax preparer.

31 views👍 0

End of year small business tax planning basics

shorts

End of year small business tax planning basics

Pay bills before year-end, run a trial balance, and see if you need extra deductions.

40 views👍 0

You don't need an LLC to be considered a business

shorts

You don't need an LLC to be considered a business

As soon as you start buying or selling, you're a sole proprietor and owe taxes, no LLC required.

45 views👍 0

Why I spend my summer fixing other people's tax mistakes

shorts

Why I spend my summer fixing other people's tax mistakes

Tax returns prepared without client involvement often contain errors worth reviewing for missed money.

41 views👍 0

Why $10,000 tax strategy pitches are usually scams

shorts

Why $10,000 tax strategy pitches are usually scams

Be skeptical of anyone guaranteeing specific tax savings before seeing your actual tax situation.

34 views👍 0

The 50% meal deduction still means you eat 100% of the meal

shorts

The 50% meal deduction still means you eat 100% of the meal

Even though meal deductions are only 50%, you still consume the whole meal, so it's still worth claiming.

32 views👍 0

Why your business profit is too high for taxes

shorts

Why your business profit is too high for taxes

Shift personal expenses like internet, phone, and travel to your side business to reduce taxable profit.

46 views👍 0

You can write off deductions even with no profit

shorts

You can write off deductions even with no profit

The IRS requires you to claim deductions in the year you spent the money, whether or not you had income.

38 views👍 0

How wealthy people legally pay less in taxes

shorts

How wealthy people legally pay less in taxes

Rich people follow all the rules and find deductions that work for their situation.

35 views👍 0

How a business cruise could be tax deductible

shorts

How a business cruise could be tax deductible

A cruise focused on business education and learning may qualify as a deductible business expense.

36 views👍 0

First time abatement can remove IRS penalties

shorts

First time abatement can remove IRS penalties

If you've paid taxes on time for 4-5 years, you can request a first time abatement to remove late filing and payment penalties.

34 views👍 0

How to tell if you're missing business deductions

shorts

How to tell if you're missing business deductions

Compare your Schedule C profit to what you actually pocketed—if they don't match, you've likely missed deductions.

36 views👍 0

Why I treat tax returns like a video game

shorts

Why I treat tax returns like a video game

Finding money clients didn't know they were owed makes the boring parts worth it.

30 views👍 0

Putting kids on your board to write off trips is fraud

shorts

Putting kids on your board to write off trips is fraud

Adding children to your board just to deduct family vacations is tax fraud the IRS will catch.

49 views👍 0

What would Santa's tax return look like

shorts

What would Santa's tax return look like

A fun breakdown of Santa's potential deductions from elf payroll to sleigh mileage to reindeer expenses.

33 views👍 0

One typo cost her $4 million in taxes

shorts

One typo cost her $4 million in taxes

A client accidentally entered $19 million instead of $19,000 for Social Security, triggering a $4 million tax bill.

40 views👍 0

Buy assets and pay bills before year end to reduce taxes

shorts

Buy assets and pay bills before year end to reduce taxes

Accelerate asset purchases and pay outstanding bills before December 31 to maximize this year's deductions.

34 views👍 0

Borrowing someone else's kids for the earned income credit

shorts

Borrowing someone else's kids for the earned income credit

Claiming other people's kids for the earned income credit is fraud and can ban you from the credit for 10 years.

38 views👍 0

There's no secret IRS conspiracy, just a public website

shorts

There's no secret IRS conspiracy, just a public website

The IRS posts all their rules publicly online; tax pros just read it and get the answers.

33 views👍 0

← Previous1…1011121314…30Next →

701 videos in the library